Self-Managed Superannuation Funds
There are several trust laws and legislative requirements for setting up a Self-Managed Superannuation Fund (SMSF). Typically you need to:
- Obtain a Trust Deed
- Appoint trustees
- Sign a Trustee Declaration (NAT 71089)
- Elect to become a regulated fund
- Obtain a tax file number (TFN)
- Obtain an Australian Business Number (ABN)
At Australian Accounting & Franchising Professionals, we provide the professional advice you need to set up your own fund and simplify the process for you.
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